PROPERTY BUYING PROCESS

The Fast-track Permanent Residence Programme enables the granting of permanent residence permit to foreigners who intend to invest in Cyprus, provided that the following requirements are met:

Select Real Estate Investment

• Investor selects properties either by visiting Cyprus or through your representative. 
• The minimum investment should be €300,000 + VAT.

 2. Payment

• Purchase Agreement signed
• Minimum requirement of €300,000 + VAT as initial payment
• Permanent Residency fee €500 per application

3. Documentation Submission

• Required residency documents need to be prepared and submitted to the Civil Registry and the Migration Department, or to the District Offices.

4. Issue of Permanent Residency

• Residency Permit is issued within 2-4 months.